Essity Aktiebolag B

  • TickerA2DS20
  • ISINSE0009922164
  • ExchangeNasdaq Nordic Stockholm
  • SectorPersonal Goods
  • CountrySweden

Analysts

Christer Magnergård ...
  • Christoffer Wang Bjørnsen
  • Håkon Astrup
  • Jon Berggren
  • Karl-Johan Bonnevier
  • Martin Arnell
  • Mattias Holmberg
  • Niclas Gehin
  • Nicolas McBeath
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Stefan Gauffin
  • Tomi Railo

Weak report across the board

Karl-Johan Bonnevier

Essity (Sell, TP: SEK260.00) - Challenges to margin expansion

Essity’s Q2 was broadly in line with expectations and with the company signalling difficulty in realising further price increases, the catalyst for profit margin expansion clearly loses some of its traction, even as raw material cost headwinds are easing as expected. We have made minor changes to our forecasts and still find the shares in neutral to negative territory from a valuation and performance perspective. We reiterate our SELL recommendation and SEK260 target price.

Sonia Vora

Morningstar | Dropping Coverage of Essity

We are dropping coverage of Essity. We provide broad coverage of more than 1,500 companies across more than 90 industry groups and adjust our coverage as necessary based on client demand and investor interest.

Sonia Vora

Dropping Coverage of Essity

We are dropping coverage of Essity. We provide broad coverage of more than 1,500 companies across more than 90 industry groups and adjust our coverage as necessary based on client demand and investor interest....

Jon Masdal ...
  • Karl-Johan Bonnevier
  • Martin Huseby Karlsen
  • Ole-Andreas Krohn
  • Tomi Railo

Northern Lights

Karl-Johan Bonnevier

Essity (Sell, TP: SEK260.00) - Challenges to margin expansion

Essity’s Q2 was broadly in line with expectations and with the company signalling difficulty in realising further price increases, the catalyst for profit margin expansion clearly loses some of its traction, even as raw material cost headwinds are easing as expected. We have made minor changes to our forecasts and still find the shares in neutral to negative territory from a valuation and performance perspective. We reiterate our SELL recommendation and SEK260 target price.

Sonia Vora

Morningstar | Dropping Coverage of Essity

We are dropping coverage of Essity. We provide broad coverage of more than 1,500 companies across more than 90 industry groups and adjust our coverage as necessary based on client demand and investor interest.

Sonia Vora

Dropping Coverage of Essity

We are dropping coverage of Essity. We provide broad coverage of more than 1,500 companies across more than 90 industry groups and adjust our coverage as necessary based on client demand and investor interest....

Karl-Johan Bonnevier

Essity (Sell, TP: SEK260.00) - Trend shift in expectations

Raw material cost headwinds are easing and we expect evidence in its Q2 results (due at 07:00 CET on 18 July) that these have been offset by price rises, with further support from an H2 trend reversal well reflected in consensus. We have made minor cuts to our forecasts ahead of the Q2 report and find the shares in neutral to negative territory in valuation and potential upside. Thus we reiterate our SELL recommendation and SEK260 target price.

Sonia Vora

Morningstar | Essity's Profitability Remains Hampered by Cost Pressures, Reflecting Its Limited Pricing Power

We think Essity faces obstacles to amassing brand power in its portfolio. Competition from both branded and private-label offerings in the global personal care and hygiene category, plus low barriers to entry and a lack of switching costs, hampers Essity's ability to form the entrenched retail relationships needed to secure a competitive edge. We assign Essity a no-moat rating.We believe Essity's retail relationships are weaker than its largest competitors'. It has fewer high-profile or billion-dollar brands, which could put the firm at a disadvantage if retailers were to rationalize stock-kee...

1 director bought

A director at Essity Aktiebolag bought 5,228 shares at 29.924USD and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of b...

Christer Magnergård ...
  • Christoffer Wang Bjørnsen
  • Håkon Astrup
  • Jon Berggren
  • Karl-Johan Bonnevier
  • Martin Arnell
  • Mattias Holmberg
  • Niclas Gehin
  • Nicolas McBeath
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Stefan Gauffin
  • Tomi Railo

Weak report across the board

Jon Masdal ...
  • Karl-Johan Bonnevier
  • Martin Huseby Karlsen
  • Ole-Andreas Krohn
  • Tomi Railo

Northern Lights

Karl-Johan Bonnevier ...
  • Marius Knudssøn
  • Martin Arnell
  • Mattias Holmberg
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Simen Mortensen

Northern Lights

Eivind Sars Veddeng ...
  • Håkon Astrup
  • Jimi Lehtonen
  • Jon Berggren
  • Karl-Johan Bonnevier
  • Mattias Holmberg
  • Niclas Gehin
  • Nicolas McBeath
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Olof Larshammar
  • Patrik Ling
  • Rune Majlund Dahl
  • Simen Mortensen
  • Stefan Gauffin
  • Tomi Railo

Northern Lights

Alexander Aukner ...
  • Christer Magnergård
  • Eivind Sars Veddeng
  • Karl-Johan Bonnevier
  • Martin Arnell
  • Ole Martin Westgaard
  • Ole-Andreas Krohn
  • Simen Mortensen

Northern Lights

Essity Aktiebolag

Essity Aktiebolag

Essity Aktiebolag

ESSITY AB loses on its star level and is downgraded to Slightly Positive

The independent financial analyst theScreener just slightly lowered the general evaluation of ESSITY AB (SE), active in the Personal Products industry. The title has lost a star(s) at the fundamental level and now shows 3 out of 4 stars. Its exposure to market risk remains nonetheless the same and can be still described as defensive. theScreener slightly downgrades the general evaluation to Slightly Positive for the title on account of the lost star(s). As of the analysis date April 5, 2019, the closing price was SEK 261.00 and its potential was estimated at SEK 286.01.

Essity Aktiebolag

Essity April 04th, 2019

In general, Essity is in compliance with the Swedish regulations relating to the organisation and procedures of the AGM. Under ITEMS 12.1-12.9, the (re-)election of the board of directors is proposed.In light of concerns over aggregate time commitments, ECGS recommends to vote OPPOSE to the (re-)election of: Mr. Pär Boman (ITEM 12.2) and Ms. Annemarie Gardshol (ITEM 12.4). Under ITEM 13, the nomination committee proposes to re-appoint Mr. Pär Boman as Chairman of the board of directors. As already mentioned above, ECGS has various concerns over his re-appointment and therefore does not suppo...

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